• Menu
  • Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Before Header

  • Home
  • What is LKP
  • Find everything …
  • Contact
Donate

Leasehold Knowledge Management Logo

Secretariat of the All Party Parliamentary Group on leasehold reform

Mobile Menu

  • Home
  • What is LKP
  • Find everything …
  • Contact
  • Advice
  • News
    • Find everything …
    • About Peverel group
    • APPG
    • ARMA
    • Bellway
    • Benjamin Mire
    • Brixton Hill Court
    • Canary Riverside
    • Charter Quay
    • Chelsea Bridge Wharf
    • Cladding scandal
    • Competition and Markets Authority / OFT
    • Commonhold
    • Communities Select Committee
    • Conveyancing Association
    • Countrywide
    • MHCLG
    • E&J Capital Partners
    • Exit fees
    • FirstPort
    • Fleecehold
    • Forfeiture
    • FPRA
    • Gleeson Homes
    • Ground rent scandal
    • Hanover
    • House managers flat
    • House of Lords
    • Housing associations
    • Informal lease extension
    • Insurance
    • IRPM
    • Jim Fitzpatrick MP
    • John Christodoulou
    • Justin Bates
    • Justin Madders MP
    • Law Commission
    • LEASE
    • Liam Spender
    • Local authority leasehold
    • London Assembly
    • Louie Burns
    • Martin Paine
    • McCarthy and Stone
    • Moskovitz / Gurvits
    • Mulberry Mews
    • National Leasehold Campaign
    • Oakland Court
    • Park Homes
    • Parliament
    • Persimmon
    • Peverel
    • Philip Rainey QC
    • Plantation Wharf
    • Press
    • Property tribunal
    • Prostitutes
    • Quadrangle House
    • Redrow
    • Retirement
    • Richard Davidoff
    • RICS
    • Right To Manage Federation
    • Roger Southam
    • Rooftop development
    • RTM
    • Sean Powell
    • SFO
    • Shared ownership
    • Sinclair Gardens Investments
    • Sir Ed Davey
    • Sir Peter Bottomley
    • St George’s Wharf
    • Subletting
    • Taylor Wimpey
    • Tchenguiz
    • Warwick Estates
    • West India Quay
    • William Waldorf Astor
    • Windrush Court
  • Parliament
  • Accreditation
  • [Custom]
Menu
  • Advice
  • News
      • Find everything …
      • About Peverel group
      • APPG
      • ARMA
      • Bellway
      • Benjamin Mire
      • Brixton Hill Court
      • Canary Riverside
      • Charter Quay
      • Chelsea Bridge Wharf
      • Cladding scandal
      • Competition and Markets Authority / OFT
      • Commonhold
      • Communities Select Committee
      • Conveyancing Association
      • Countrywide
      • MHCLG
      • E&J Capital Partners
      • Exit fees
      • FirstPort
      • Fleecehold
      • Forfeiture
      • FPRA
      • Gleeson Homes
      • Ground rent scandal
      • Hanover
      • House managers flat
      • House of Lords
      • Housing associations
      • Informal lease extension
      • Insurance
      • IRPM
      • Jim Fitzpatrick MP
      • John Christodoulou
      • Justin Bates
      • Justin Madders MP
      • Law Commission
      • LEASE
      • Liam Spender
      • Local authority leasehold
      • London Assembly
      • Louie Burns
      • Martin Paine
      • McCarthy and Stone
      • Moskovitz / Gurvits
      • Mulberry Mews
      • National Leasehold Campaign
      • Oakland Court
      • Park Homes
      • Parliament
      • Persimmon
      • Peverel
      • Philip Rainey QC
      • Plantation Wharf
      • Press
      • Property tribunal
      • Prostitutes
      • Quadrangle House
      • Redrow
      • Retirement
      • Richard Davidoff
      • RICS
      • Right To Manage Federation
      • Roger Southam
      • Rooftop development
      • RTM
      • Sean Powell
      • SFO
      • Shared ownership
      • Sinclair Gardens Investments
      • Sir Ed Davey
      • Sir Peter Bottomley
      • St George’s Wharf
      • Subletting
      • Taylor Wimpey
      • Tchenguiz
      • Warwick Estates
      • West India Quay
      • William Waldorf Astor
      • Windrush Court
  • Parliament
  • Accreditation
You are here: Home / News / Competition and Markets Authority / OFT / OFT leasehold management inquiry includes housing associations and council properties – and will report in September

OFT leasehold management inquiry includes housing associations and council properties – and will report in September

March 4, 2014 //  by Sebastian O'Kelly

OFTLKPimageThe Office of Fair Trading today announced its leasehold management inquiry and will include housing association and council leaseholders. The scope is defined here

This was a key point urged by the Leasehold Knowledge Partnership and Campaign against retirement leasehold exploitation and, largely on their prompting, more than 100 leaseholders wrote to the OFT demanding their inclusion.

In a break from the OFT’s habitual glacial pace, the leasehold management inquiry, which will be taken over by the new Competition and Markets Authority, anticipates reporting in September.

The key issues to be examined are:

• leaseholders’ perceptions of value for money and the quality of services they receive;

• whether leaseholders have sufficient understanding of their rights and obligations with regard to the management of property;

• whether leaseholders have sufficient influence on decisions taken by freeholders in relation to the appointment of property managers;

• whether property managers and freeholders have the same interests as leaseholders in areas such as costs of maintenance work and/or buildings’ insurance and how such decisions are made;

• whether property managers’ and freeholders’ choice of contractors and services may be influenced by any links with associated companies and the availability of commissions;

• how leaseholders’ rights to self-management work in practice; for example, whether there are difficulties in co-ordinating leaseholders to work collaboratively, whether self-management gives good outcomes, and whether any problems may be more marked in some areas, such as for retirement properties;

• ‘switching levels’ and more generally whether competition between property managers is working well

• the current and proposed redress and complaint schemes available to leaseholders and any problems with those schemes, including the standard of customer service. 

The OFT / CMA’s leasehold management inquiry could result in recommendations and enforcement action against businesses breaching competition or consumer law, and recommendations of regulatory changes to government.

It is essential that leaseholders make the best possible case for reform, and avoid intemperate or ill-directed submissions.

The “industry” will be operating a peak PR efficiency: its trade bodies will be blaming leaseholder ignorance of their communal obligations; trumpeting tokenistic (and tardy) redress schemes that aim to keep abuses out of the courts while piously incanting “transparency”.

Leaseholders must make substantiated statements, including court references if possible, showing how the leasehold “market” is flawed.

LKP / Campaign against retirement leasehold exploitation will shortly give guidance on how to make these submissions as persuasive as possible to the leasehold management inquiry.

Related posts:

You and Yours features Campaign against Residential Leasehold Exploitation and OFT inquiry into leasehold management Daily Mail reports OFT inquiry into leasehold management Competition and Markets Authority relies on skimpy MORI poll of 1,050 for its report on leasehold management LKP gets full investigation into leasehold management by the Office of Fair Trading Competition and Markets Authority issues update on leasehold study

Category: Competition and Markets Authority / OFT, Housing associations, NewsTag: CMA, Housing associations, Local authority leasehold, OFT

Latest Tweets

Tweets by @LKPleasehold

Mentions

Anthony Essien (34) APPG (37) ARMA (87) Bellway (30) Benjamin Mire (32) Cladding scandal (71) Clive Betts MP (31) CMA (44) Commonhold (52) Competition and Markets Authority (39) Countryside Properties plc (33) FirstPort (39) Grenfell cladding (56) Ground rents (54) Harry Scoffin (150) James Brokenshire MP (31) Jim Fitzpatrick (35) Jim Fitzpatrick MP (30) Justin Bates (40) Justin Madders MP (64) Katie Kendrick (37) Law Commission (60) LEASE (66) Leasehold Advisory Service (62) Leasehold houses (32) Long Harbour (47) Martin Boyd (80) McCarthy and Stone (39) National Leasehold Campaign (38) Persimmon (49) Peverel (61) Property tribunal (49) Redrow (30) Retirement (37) Robert Jenrick (33) Roger Southam (47) Sajid Javid (38) Sebastian O’Kelly (55) Sir Peter Bottomley (200) Taylor Wimpey (106) Tchenguiz (33) The Guardian (33) The Times (31) Vincent Tchenguiz (42) Waking watch contracts (40)
Previous Post: « Campaign against Residential Leasehold Exploitation whistleblowers were THREATENED with prosecution if they went public over OFT’s toothless £500k investigation into Peverel-Cirrus
Next Post: Peverel-Cirrus tee-hee email: Cheating oldies is ‘not an official part of the process (tee hee)’ »

Primary Sidebar

Above Footer

Advising leaseholders. Avoiding disasters.
Stopping forfeiture. Exposing abuses. Urging reform.

We depend on individuals for the majority of our funding.

Support Us and Donate

LKP Managing Agents

Become an LKP Managing Agent

Common Ground
Adam Church
Blocnet property management2

Stay in Touch

To achieve victory in the leasehold game where you are playing against professionals and with rules that they know all too well - stay informed with the LKP newsletter.
Sign Up for Newsletter

Professional Directory

The following advertisements are from firms that seek business from leaseholders.
Click on the logos for company profiles.

Footer

About LKP

  • What is LKP
  • Privacy and data

Categories

  • News
  • Cladding scandal
  • Commonhold
  • Law Commission
  • Fleecehold
  • Parliament
  • Press
  • APPG

Contact

Leasehold Knowledge Partnership
Open Data Institute
5th Floor
Kings Place
London N1 9AG

sok@leaseholdknowledge.com

Copyright © 2023 Leasehold Knowledge Partnership | All rights reserved
Leasehold Knowledge Partnership Limited (company number: 08999652) is a company limited by guarantee that is a registered charity (number: 1162584) with the Charities Commission.
LKP website is hosted at www.34sp.com
Website by Callia Web